$WLFI is up 2.61% on the week at $0.05695, and the best news it has is about a different token.
USD1 went native on Canton for RWA settlement, and a Fireblocks custody address sent $66M of USD1 to Binance in a single week. both are real. both are about the stablecoin. USD1 can grow all year without anyone needing to hold WLFI.
the stablecoin is the product, the token is a bystander holding a ticket. that's my whole case.
$WLFI trades at $0.057 right now, inside a 24h range of $0.0567 to $0.0574, which is about as exciting as a parking lot. if it can't get through $0.0574, i think this bounce fades and the week's 2.61% gets handed back. if it breaks $0.0574 and holds, i'm wrong on this and there's nothing to defend, and anyone short from here eats the squeeze.
$0.0574 breaking today or rejecting?
follow me for more calls like this.
USD1 went native on Canton for RWA settlement, and a Fireblocks custody address sent $66M of USD1 to Binance in a single week. both are real. both are about the stablecoin. USD1 can grow all year without anyone needing to hold WLFI.
the stablecoin is the product, the token is a bystander holding a ticket. that's my whole case.
$WLFI trades at $0.057 right now, inside a 24h range of $0.0567 to $0.0574, which is about as exciting as a parking lot. if it can't get through $0.0574, i think this bounce fades and the week's 2.61% gets handed back. if it breaks $0.0574 and holds, i'm wrong on this and there's nothing to defend, and anyone short from here eats the squeeze.
$0.0574 breaking today or rejecting?
follow me for more calls like this.